US economy avoids recession yet again — no thanks to real estate
With the gross domestic product eclipsing expectations in Q2, the US appears to have avoided a long-predicted recession, even as the real estate industry remains mired in a deep contraction
by Daniel Houston Jul 27
Mortgage rates hit new 2023 high on strong economic data
Strong jobs numbers and GDP growth have bond market investors convinced it's all but certain the Federal Reserve will resume rate hikes this month
by Matt Carter Jul 6
Good news about economy could send mortgage rates back up
Surprising employment and GDP numbers have investors buying stocks and selling bonds over worries that Fed policymakers will continue hiking rates to combat inflation
by Matt Carter Jun 29
NAR: Housing market is 'topping out' due to inventory shortage
Lawrence Yun, chief economist for NAR, reports that the GDP is back to its pre-pandemic peak, consumers are ready to spend their stimulus checks and single-family housing starts are ramping up
by Andrea V. Brambila May 13
NAR: After 2020 boost, home sales will leap next year
NAR Chief Economist Lawrence Yun predicts existing-home sales will rise 9% in 2021
by Andrea V. Brambila Nov 18
Residential investments push US GDP up 33.1% in the third quarter
Gross domestic product rose 33.1% in the third quarter of 2020, due to increased consumption and residential investments, according to the Commerce Department
by Marian McPherson Oct 29
Here's why one economist believes a foreclosure wave is unlikely
Odeta Kushi, the deputy first economist at First American, doesn't believe the COVID-19 crisis will lead to a massive spike in foreclosures
by Patrick Kearns Aug 10
Residential investments dropped nearly 40% in Q2
Gross domestic product data showed a historic drop in the second quarter, even as new unemployment claims continued to rise, according to new data released Thursday
by Patrick Kearns Jul 30
Unison CEO talks Netflix for real estate, social responsibility
Thomas Sponholtz's company assists buyers with their down payments and helps existing homeowners access their equity — services that he says give consumers more and better financing options
by Jim Dalrymple II Jan 22
On earthquakes and interest rates, expect some ripple effects
Opinion
The Fed will struggle to explain the need for more interest rate cuts after Wednesday's expected reductionape
by Lou Barnes Jul 31
Housing market expected to stabilize in 2019: Fannie Mae
Slower economic growth will mean more static interest rates and increasing affordability, a new study from Fannie Mae says
by Patrick Kearns Dec 14
2.3% GDP growth held back by new-home shortage in 2017
NAR chief economist Lawrence Yun says tax reform should get the U.S. economy back to 3% growth in 2018
by Marian McPherson Jan 26
A female accountant crunching numbers
Stocks and bonds have been going nuts, in violation of money rules
by Lou Barnes Jan 3
What we learned from last week's Fed rate hike
The post-election bond wreck is having a global impact
by Lou Barnes Dec 19
Where Iranians will buy post-sanction property
Iran’s high and ultra-high-net worth individuals will finally be free to invest abroad
by Yulia Kozhevnikova Apr 15